tiprankstipranks
Trending News
More News >

Cactus Inc. Holds Annual Stockholders Meeting

Story Highlights
  • Cactus, Inc. elected three directors and ratified PricewaterhouseCoopers LLP as their accountant.
  • Stockholders approved an increase in shares for the Long-Term Incentive Plan and annual advisory votes on executive compensation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Cactus ( (WHD) ) has shared an announcement.

On May 13, 2025, Cactus, Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders elected three Class II directors to serve until the 2026 annual meeting, ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025, and approved an amendment to the Long-Term Incentive Plan to increase the number of shares of Class A common stock. Additionally, the stockholders approved the compensation of the company’s named executive officers and decided to hold advisory votes on this compensation annually.

The most recent analyst rating on (WHD) stock is a Hold with a $61.00 price target. To see the full list of analyst forecasts on Cactus stock, see the WHD Stock Forecast page.

Spark’s Take on WHD Stock

According to Spark, TipRanks’ AI Analyst, WHD is a Outperform.

Cactus, Inc. presents a strong financial foundation with notable revenue and profit growth, supported by effective cash management and low leverage. However, technical indicators suggest caution due to recent price trends, while valuation metrics are fair. The recent merger and earnings guidance provide optimism for future growth, albeit with some challenges related to margins and costs.

To see Spark’s full report on WHD stock, click here.

More about Cactus

Average Trading Volume: 949,315

Technical Sentiment Signal: Sell

Current Market Cap: $3.52B

Find detailed analytics on WHD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App